I, like alot of people who have bought into this, am furious that we have gotten to this point. On the surface it should have been a good investment and for some time it was. Then ED got their 'snouts into the troughs' and has blown this thing apart. They seem to have just seen the 'easy money' pathways and put a circle of influence around the buying, fixing up and selling of the assets.
Something has seriously gone wrong and they should be held accountable. As a major financial investment company, surely there must be some rules about companies setting up investments that have swung the investment interest in favour of the company and not their invested clients. Was it set up in the usual spirit of these investment types?
Does anyone think that ED management needs investigation by ASIC or whoever to see if there is some recourse for us investors to recoup something / anything?
As said, I think on the surface it should be a good investment.
URF Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held
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